Conversational dealing in an anonymous trading system

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S038000

Reexamination Certificate

active

07827085

ABSTRACT:
An anonymous trading system for financial instruments comprises a network of broking nodes each performing a bid and offer matching function and a market view distribution function. Trader terminals are connected to the network via trading agent nodes. During deal execution a credit check is performed and once the deal is complete the identity of the counterparty becomes known to the other counterparty to the deal. The originating counterparty may send a More quantity message to the other party proposing a further deal at the same price. The other party may decline, partially accept, accept or accept and propose a still further amount. Credit for the further deal is drawn from an external source and the internal credit limits are temporarily increased or disabled to prevent the deal from being rejected.

REFERENCES:
patent: 3573747 (1971-04-01), Adams et al.
patent: 3581072 (1971-05-01), Nymeyer
patent: 3823387 (1974-07-01), McClellan
patent: 4388489 (1983-06-01), Wigan et al.
patent: 4412287 (1983-10-01), Braddock, III
patent: 4525779 (1985-06-01), Davids et al.
patent: 4531184 (1985-07-01), Wigan et al.
patent: 4554418 (1985-11-01), Toy
patent: 4555781 (1985-11-01), Baldry et al.
patent: 4598367 (1986-07-01), DeFrancesco et al.
patent: 4623964 (1986-11-01), Getz et al.
patent: 4674044 (1987-06-01), Kalmus et al.
patent: 4750135 (1988-06-01), Boilen
patent: 4815030 (1989-03-01), Cross et al.
patent: 4903201 (1990-02-01), Wagner
patent: 5003473 (1991-03-01), Richards
patent: 5034916 (1991-07-01), Ordish
patent: 5077665 (1991-12-01), Silverman et al.
patent: 5136501 (1992-08-01), Silverman et al.
patent: 5195031 (1993-03-01), Ordish
patent: 5230048 (1993-07-01), Moy
patent: 5257369 (1993-10-01), Skeen et al.
patent: 5267148 (1993-11-01), Kosaka et al.
patent: 5270922 (1993-12-01), Higgins
patent: 5287787 (1994-02-01), Inoue
patent: 5375055 (1994-12-01), Togher et al.
patent: 5508913 (1996-04-01), Yamamoto et al.
patent: 5557780 (1996-09-01), Edwards et al.
patent: 5557798 (1996-09-01), Skeen et al.
patent: 5615269 (1997-03-01), Micali
patent: 5710889 (1998-01-01), Clark et al.
patent: 5727165 (1998-03-01), Ordish et al.
patent: 5761661 (1998-06-01), Coussens et al.
patent: 5787402 (1998-07-01), Potter et al.
patent: 5809483 (1998-09-01), Broka et al.
patent: 5815665 (1998-09-01), Teper et al.
patent: 5864827 (1999-01-01), Wilson
patent: 5870544 (1999-02-01), Curtis
patent: 5890140 (1999-03-01), Clark et al.
patent: 5905248 (1999-05-01), Russell et al.
patent: 5905974 (1999-05-01), Fraser et al.
patent: 5909545 (1999-06-01), Frese, II et al.
patent: 5915209 (1999-06-01), Lawrence
patent: 5924082 (1999-07-01), Silverman et al.
patent: 5924083 (1999-07-01), Silverman et al.
patent: 5950176 (1999-09-01), Keiser et al.
patent: 5963923 (1999-10-01), Garber
patent: 5966531 (1999-10-01), Skeen et al.
patent: 6012044 (2000-01-01), Maggioncalda et al.
patent: 6014627 (2000-01-01), Togher et al.
patent: 6014643 (2000-01-01), Minton
patent: 6029146 (2000-02-01), Hawkins et al.
patent: 6317727 (2001-11-01), May
patent: 6421653 (2002-07-01), May
patent: 6539362 (2003-03-01), Patterson et al.
patent: 6560580 (2003-05-01), Fraser et al.
patent: 7159116 (2007-01-01), Moskowitz
patent: 2002/0010684 (2002-01-01), Moskowitz
patent: 2002/0138390 (2002-09-01), May
patent: 0399850 (1990-11-01), None
patent: 0434224 (1991-06-01), None
patent: 0485252 (1992-05-01), None
patent: 0512702 (1992-11-01), None
patent: 0798635 (1997-10-01), None
patent: 0818746 (1998-01-01), None
patent: 0893758 (1999-01-01), None
patent: 0907134 (1999-04-01), None
patent: 2543327 (1984-09-01), None
patent: 1489574 (1977-10-01), None
patent: 2165421 (1986-04-01), None
patent: 2180380 (1987-03-01), None
patent: 2210714 (1989-06-01), None
patent: 0399850 (1990-05-01), None
patent: 0411748 (1990-05-01), None
patent: 0512702 (1992-04-01), None
patent: 2282246 (1995-03-01), None
patent: 2325130 (1998-11-01), None
patent: 2326256 (1998-12-01), None
patent: 90/02382 (1990-03-01), None
patent: 92/07324 (1992-04-01), None
patent: 92/15174 (1992-09-01), None
patent: 93/15467 (1993-08-01), None
patent: 94/15294 (1994-07-01), None
patent: 95/06918 (1995-03-01), None
patent: 95/18418 (1995-07-01), None
patent: 95/30211 (1995-11-01), None
patent: 96/05563 (1996-02-01), None
patent: 96/18963 (1996-06-01), None
patent: 96/34357 (1996-10-01), None
patent: 97/08640 (1997-03-01), None
patent: 97/22072 (1997-06-01), None
patent: 97/24833 (1997-07-01), None
patent: 97/31322 (1997-08-01), None
patent: 97/33215 (1997-09-01), None
patent: 97/36253 (1997-10-01), None
patent: 97/43727 (1997-11-01), None
patent: 97/45802 (1997-12-01), None
patent: 97/49050 (1997-12-01), None
patent: 98/05011 (1998-02-01), None
patent: 98/13796 (1998-04-01), None
patent: 98/21667 (1998-05-01), None
patent: 98/24041 (1998-06-01), None
patent: 98/26344 (1998-06-01), None
patent: 98/26363 (1998-06-01), None
patent: 98/36456 (1998-08-01), None
patent: 98/38558 (1998-09-01), None
patent: 98/47268 (1998-10-01), None
patent: 98/49635 (1998-11-01), None
patent: 98/49639 (1998-11-01), None
patent: 98/53581 (1998-11-01), None
patent: 99/01983 (1999-01-01), None
patent: 99/08419 (1999-02-01), None
patent: 99/10795 (1999-03-01), None
patent: 99/10815 (1999-03-01), None
patent: 99/14695 (1999-03-01), None
patent: 99/19821 (1999-04-01), None
patent: 99/27477 (1999-06-01), None
patent: 99/33242 (1999-07-01), None
patent: 99/35583 (1999-07-01), None
patent: 99/36875 (1999-07-01), None
patent: 99/40502 (1999-08-01), None
patent: 99/41690 (1999-08-01), None
patent: 99/50771 (1999-10-01), None
patent: WO-01/59661 (2001-08-01), None
Shook, R. Wall Street Dictionary. 1999, p. 103.
Downes, J. Dictionary of Finance and Investment Terms. 1998. p. 129.
Mini Computer forum, Conference Proceedings, 1975.
Wall Street Computer Review, 1998.
Computers in the City, Conference Proceedings, 1988.
Banking Technology, 1988, vol. 5, No. 5.
U.K. Search Report issued Feb. 19, 2001 (in English).

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Conversational dealing in an anonymous trading system does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Conversational dealing in an anonymous trading system, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Conversational dealing in an anonymous trading system will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-4183120

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.